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But Mr. Sheehan said Vermont Yankee's shutdown rate was far less than a level that would set off additional regulatory inspections.
She added that the plants' problems were hardly limited to the sirens, citing the plants' high shutdown rate, leaks of strontium 90 and tritium, and what she called a chilling work environment that discourages workers from identifying safety issues.
Mr. Peters said the overall reliability of the JT8D-200 engine, used on the MD-80 aircraft, has been, "very stable for many years," and that it had an in-flight shutdown rate, for all causes, of about 1 in 100,000, which he said was comparable to the rates of other large turbine engines.
Thus, the coefficient on the industry shutdown rate variable gives the response of worker wage growth to changes in the industry shutdown rate.
SR jt is the annual shutdown rate in industry j in period t.
SR is the shutdown rate while PL is the permanent layoff rate.
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Thus, increasing shutdown rates indicate falling profits within an industry.
Higher industry shutdown rates suggest more turbulence within an industry.
If industry shutdown rates capture industry wide shocks and fluctuations, then industry shutdown rates may also tell us something about the fortunes of workers at continuing firms.
Section 4 discusses the effect of firm shutdown rates on workers' earnings.
Industry shutdown rates measure the short-run performance of firms within an industry.
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